Zcash Hires Lobbyist to Shape U.S. Crypto Policy
Zcash, a cryptocurrency focused on privacy, has hired its first lobbyist in Washington, DC. Divij Pandya will represent the company through Pretty Good Policy for Zcash (PGPZ), a group advocating for financial privacy and developer protections. This move aims to shape crypto policy, particularly around the Digital Asset Market Clarity Act and tax proposals.
The lobbying efforts will concentrate on U.S. market structure and tax rules, aligning with Zcash’s commitment to privacy-preserving technologies. Market participants are watching this development closely, as it could influence regulatory clarity and sentiment toward cryptocurrencies like Bitcoin.
Current pricing trends suggest a modest increase in the likelihood of Bitcoin reaching higher price points by the end of 2026. Observers will be monitoring U.S. congressional developments and statements from key figures in the crypto space, such as Mike Novogratz and the Federal Reserve, for further insights.